Operational Laundromat Retail
New
For Sale
$80,000
302 S 2nd Street, Lincoln, MI 48742
COMMERCIAL - Lincoln, MI
Property Size1,600 SF
Lot Size0.16 Acres
Price / SF$50
Days on Market2
Property Features for 302 S 2nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Lots 1 & 2
Parking features
Parking Lot
Subdivision
T26N R8E
Directions
US 23 to M72 to Traverse Bay Rd to Second St
Standard status
Active
APN
052-000-031-001-05
Size
1,600 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
T26N R8E SEC 1 IN LOTS 1 & 2 BLK 31 VILLAGE OF LINCOLN, COM NE COR BLK 31, S 46 FT TO POB, S 55 FT, S89DEGW 128 FT, N 26.14 FT, S89DEGW 4 FT, N 28.86 FT, N89DEGE 132 FT TO POB SV PARCEL
Legal Description
T26N R8E SEC 1 IN LOTS 1 & 2 BLK 31 VILLAGE OF LINCOLN, COM NE COR BLK 31, S 46 FT TO POB, S 55 FT, S89DEGW 128 FT, N 26.14 FT, S89DEGW 4 FT, N 28.86 FT, N89DEGE 132 FT TO POB SV PARCEL
Utilities
Water source
Well
Building Details
Floors in Building
1
Listing Agency:
Forty Five North Real Estate
(989) 340-1470
Listed By:
Janell Kenworthy
(989) 255-6893
Added: Aug 4
Changed: Aug 5
Last Checked: Aug 5 at 8:06PM
MLS# 201841951
Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,600-square-foot retail property operates as a laundromat with 8 working washing machines and 5 working dryers. The sale also includes 1 additional washer and 8 additional dryers that are currently not operational. Updated electrical service supports the existing business, while a parking lot provides on-site customer parking. The property is served by a well and occupies a 0.16-acre lot.
Located in Lincoln, Michigan, the business is identified as the only working laundromat in Alcona County. Its established operation and included equipment provide a complete physical setup for continued laundromat use, with additional machines available for repair or replacement.
Located in Lincoln, Michigan, the business is identified as the only working laundromat in Alcona County. Its established operation and included equipment provide a complete physical setup for continued laundromat use, with additional machines available for repair or replacement.
Key Highlights
- 1,600‑square‑foot retail property operating as a laundromat
- 8 working washing machines and 5 working dryers
- Includes 1 additional washer and 8 additional dryers, currently not operational
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Casey's General Store
Shops & Services
8,639 visits/mo
0.2 miles
FedEx Office Print & Ship Center
Shops & Services
4,291 visits/mo
0.5 miles
Family Dollar
Shops & Services
2,753 visits/mo
0.2 miles
Shell
Shops & Services
2,620 visits/mo
0.2 miles
People's United Bank
Shops & Services
1,623 visits/mo
0.1 miles
Demographics for 48742, MI
1,701
Population
1,392
Households
1.2
Avg Household Size
57
Median Age
25%
College-Educated
94%
High-School Grad
67.9 sq mi
ZIP Area
25
Density / Sq Mi
$62,683
Median Household Income
$36,941
Median Earnings
$650
Median Rent
$165,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Established laundromat with updated electrical service, on-site parking, and additional equipment included.
Where is this retail space located?
The property is located at 302 S 2nd Street Lincoln, MI.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: 1,600‑square‑foot retail property operating as a laundromat; 8 working washing machines and 5 working dryers; Includes 1 additional washer and 8 additional dryers, currently not operational
